Putting The Business Back Into Continuity Management
With today’s expectations of 100% uptime and the rising costs and risks to businesses impacted by natural and man-made disasters, business continuity has come to the forefront in many boardrooms. Simply leaving disaster recovery to the IT department has proven to not be sufficient to ensure business resiliency.
Business continuity management (BCM) needs involvement from leadership and to become ingrained in the business culture to truly be effective. Businesses that take this holistic approach to BCM will be positioned to withstand any type of disaster. This not only offers assurance that businesses will meet regulatory compliance and avoid disruption, but can also provide a competitive advantage. To facilitate organization-wide BCM processes, many companies are leveraging Business Continuity Management Software (BCMS).
It has become indisputable that the critical and complex nature of BCM requires transparency and involvement at all levels of organizations to be successful. Regulations or industry standards such as HIPAA, PCI-DSS and Sarbanes Oxley continue to get stricter, employees rely on critical systems to perform their roles, and customers, vendors and partners rely on your systems availability.
Studies have shown that in most organizations there are significant barriers to communication between IT and all other departments. This does not allow IT to have the complete perspective on business processes that need to be safeguarded with BCM and clearly they should not be solely responsible to manage it. This evolution has been welcomed and demanded by BC professionals in order to get the investment and support needed to implement and maintain solid BCM strategies.
How BCM Software Benefits an Organization
While many factors make BCM more complex today, there are also several that make it more achievable from a technology perspective at least. BCM software now helps streamline the process and helps an organization follow the proper lifecycle to maintain sound BCM practices and gives visibility to all stakeholders.
Software as a Service (SaaS), virtualization and the rise of cloud computing has provided an economical approach to deploy systems that are more resilient in nature due to their redundancy and ability to be leveraged for failover. Overall reduction in hardware costs and capacity now makes true BCM feasible for organizations of all sizes. Small and medium-sized businesses can now achieve the high availability that was once only attainable with an enterprise-level budget.
To accelerate and help ensure the success of your BCM initiatives, many companies are implementing business continuity management software. This centralizes all aspects of the BCM process and allows anyone involved to access information and contribute to the process. Utilizing this type of system, you are more likely to apply BCM process consistently across the organization. You are also more efficiently able to adapt to changes within the organization to ensure the BCM process supports them.
Jillian Johnson is a professional content marketing writer and blogger with a particular interest in writing about business. To read more writing by Jillian, follow her @MissWritey.